The financial health of a community and planning for long-term projects is critically important to any homeowner’s association (HOA). In fact, it is so important, a term was created for it: “reserve study.” And while the term “reserve study” probably isn’t anything new if you serve or have ever served on an HOA board, many new homeowners, or those new to an HOA, may not fully understand the importance of a reserve study for the ongoing health of their community.   Read the entire article……………………………….